Entrepreneurship took a leap forward today in Austin, Texas with the announcement by Cospace of their partnership with Capital Factory, a leading startup accelerator, in managing a new facility sponsored by the City of Austin through Austin Tech Live, downtown. Cospace recently reached an agreement with Capital Factory to manage operations of the 22,000 sq ft startup space and provide the entrepreneurial classes and events there to Austin’s startup community and entrepreneurs.

Austin Tech Live

An initiative supported with staff and resources through the Austin Chamber’s Opportunity Austin funding and executed through the Chamber’s Technology Partnership team, Austin Tech Live is the local initiative to develop a community of entrepreneurs working in a state of the art environment and coworking space in the core of Austin’s creative center – the downtown central business district of Austin.

The partnership is the first of many changes for Cospace in the expansion of it’s entrepreneurial ecosystem-as-a-service — workplace, business networking, resources, educational programming, and lean product development services — which helps entrepreneurs start, build, and grow companies. Akin to SaaS (“Software as a Service”), Cospace serves members and entrepreneurs with the familiar meeting space, workplace, resources, as well as educational programming, project management and product development services, and business networking.

“We are excited to partner with Capital Factory to support the goal of furthering entrepreneurship in Austin,” Shared Kirtus Dixon, Co-founder of Cospace. “At Cospace, we believe that ‘Entrepreneurs Live and Work Everywhere’ and creating a hub of activity in downtown Austin will ignite the downtown economy and give startups and entrepreneurs the resources they need to build amazing businesses in Austin.”

Home to Austin Entrepreneurs

Cospace, known in Austin as the home to entrepreneurs focused on Lean business and product development, is a collaborative business community that has facilitated the launch of more than 50 products, supported nearly two dozen startups, and hosted over 1500 students through classes in technology and entrepreneurship. Cospace has reached more than 5000 entrepreneurs and professionals throughout the Austin community with affordable workspace solutions and meeting space, highly accessible event space, and classes and programs to help entrepreneurs build businesses.

Via the partnership, Cospace and Capital Factory will take coworking to the next level and ensure that startups have the space, resources, and training they need to succeed.

This is so awesome! Ever since Sarah connected with our space in Arizona, I’ve been so impressed with the ideas coming out of CoSpace. Keep up the good work and hope to find opportunities to work with you guys in the future!